Data envelopment analysis for imprecise data in Buyer-Seller Relationship

Abstract

In the environment of business‐to‐business e‐commerce, Buyers and sellers in mature industrial markets can turn single transactions into long-term beneficial relationships by a deeper understanding of the complex connection between the two and buyers and sellers are uncertain about their roles.<br /> A “must-do" for the sellers, in particular, is to understand patterns of investment and reward, and effectively manage the process that defines the dynamics of buyer-seller evolution. This paper tries to use data envelopment analysis as a reliable and achievable tool for performance evaluating, quality and performance improvement of Buyer-Seller Relationship, in the situation where the information flows are imprecise data between buyers and sellers.